What is a trendline
A trendline is a straight line that connects two or more price points. Extending this line into the future, it also acts as a line of support or resistance. There are two types of trendlines—the up trend and the down trend.
Trendline Rule
The general rule in technical analysis is that it takes two points to draw a trend line and the third...
Hello,
For tomorrow 11800 to 11820 level is very important. If Nifty will sustain above 11820 then it may test 11900 and if it will able to sustain above 11900 then because of short covering it may test 11940-11950
No trade zone will be 11780 to 11820.
Sustain below 11780 it may test 11750-11700.
Thank x :)
Education Purpose only
Refer Chart for level !!!
Expecting move towards new lower low..
Refer Previous week Views..
Descending channel predicted:
Again Buy Chance intimated:
Lastday Prediction went wrong:
In one hour time frame it seems bullish gartley pattern is being
developed in case of reliance.Trade should be initiated after confirming
trend reversal at around 1280 with stop loss of 1250 for the target of 1329 and 1360
